Closing Bell

Ford Puts Pause on F-150 Lightning 

We're learning more about that. Production halt affords electric F 1 50 pickup truck. The company saying the pause is going to last at least through the end of next week. And the problem is due to a battery issue that resulted in a vehicle fire on february 4th while the stock is higher today, before telling me in a statement that it believes its engineers have identified the issue and after the investigation wraps at the end of next week, it could take a few weeks additional weeks to make adjustments to the battery production process to ensure safety. The company saying the fire happened in a holding lot during a pre delivery quality check and spread to a close by vehicle. And if you own one of those vehicles for aiming to put you at rest, that's the good news, telling me it's not aware of any incidents of the issue in vehicles already delivered to customers or dealers. So that is some good news for now.